GeM Empowers Startup India: Rs 38,500 crore in procurement, 30,000 startups onboarded
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Home Bharat

GeM Empowers Startup India: Rs 38,500 crore in procurement, 30,000 startups onboarded

With over 2,500 startup queries addressed and more than 1,000 new registrations completed, it was clear that India’s new-age entrepreneurs are increasingly viewing public procurement as a viable and powerful growth channel

Shashank Kumar DwivediShashank Kumar Dwivedi
Apr 6, 2025, 10:00 pm IST
inBharat, Economy
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The Startup Mahakumbh 2025 concluded in New Delhi on April 5, leaving behind a trail of excitement, opportunity, and affirmation of India’s growing prowess in innovation-driven entrepreneurship. Held over three days, the mega event brought together visionaries, innovators, policymakers, and investors from across the country and at the heart of it all was the Government e-Marketplace (GeM), making waves as a strategic presenting partner and a central catalyst in connecting startups with the vast landscape of public procurement.

GeM’s participation was not just symbolic it was transformational. The GeM Pavilion, abuzz with energy and non-stop interactions, became a nucleus of activity. With over 2,500 startup queries addressed and more than 1,000 new registrations completed, it was clear that India’s new-age entrepreneurs are increasingly viewing public procurement as a viable and powerful growth channel.

Centered around the theme of “Unlocking Opportunities for an Atmanirbhar Bharat,” GeM’s outreach extended beyond exhibition space. Throughout the event, the platform engaged directly with startup founders, venture capitalists, incubators, and key government stakeholders. Their message was simple but bold: public procurement is no longer just a bureaucratic process it’s a national opportunity to democratise access and spark inclusive economic development.

Among the many standout features of the event were the diverse sectoral pavilions showcasing India’s startup strength in fields like DeepTech, BioTech, AgriTech, AI, Gaming, and MedTech. Yet, the GeM Pavilion stood out, not just for its footfall but for the energy it radiated. Interactive mentoring sessions, real-time support, group onboarding workshops, and live demonstrations created an immersive experience for startups navigating the complexities of selling to the government.

One of the most engaging moments came during GeM’s high-energy panel discussion. A packed hall listened in as voices from across ministries, industry, and GeM leadership delved deep into strategic themes, ranging from “Charting India’s Growth Story” and “Boosting State Procurement Through Startups” to “Emerging Technology as a Service” and “Unlocking Opportunities with Central Government Buyers.” The tone was aspirational yet grounded in real outcomes.

The keynote address by Shri Ajay Bhadoo, CEO of GeM, brought home the event’s purpose. “Let’s work together and unlock the true potential of public procurement in driving startup growth, inclusive development, and Atmanirbhar Bharat,” he said.

Over the course of the event, GeM hosted more than 1,500 interactive sessions, everything from one-on-one mentoring to LMS-powered group training and awareness sessions on procurement policies. For many budding entrepreneurs, these were not just workshops.

In its ongoing effort to reward innovation, GeM also spotlighted over 70 startups at its pavilion. Of these, 30 were winners of its flagship “Start-o-nauts Challenge” and were given complimentary pods to exhibit their products. These pods were not just about visibility they gave young companies the invaluable chance to interact directly with government buyers and potential collaborators, laying the groundwork for impactful partnerships.

So far, GeM has facilitated public procurement transactions worth over Rs 38,500 crore from more than 30,000 startups. Its strong showing at Startup Mahakumbh 2025 was not just a reflection of past achievements it was a launchpad for what’s to come. In many ways, GeM embodied the very spirit of the Mahakumbh: vision, collaboration, and scale with purpose.

A Wider National Push to Fuel the Startup Ecosystem

GeM’s rise as a procurement platform for startups is part of a much larger ecosystem the Government of India has carefully built over the last decade to nurture entrepreneurship, foster innovation, and turn India into a global startup powerhouse.

Foremost among these is the Startup India initiative, launched in 2016 under the aegis of the Department for Promotion of Industry and Internal Trade (DPIIT). With benefits like tax exemptions, self-certification, and a Rs 10,000 crore Fund of Funds, this flagship scheme has opened up a world of possibilities for early-stage companies across the country.

Then there’s the Atal Innovation Mission (AIM) by NITI Aayog, which focuses on developing innovation at the grassroots. Through Atal Tinkering Labs in schools and Atal Incubation Centres in colleges and institutions, it’s nurturing the next generation of problem solvers from a young age.

To bridge the funding gap, the SIDBI-managed Fund of Funds for Startups continues to play a crucial role by channeling investment into venture capital and early-stage funding firms particularly those reaching out to underserved geographies like Tier-2 and Tier-3 towns.

For technology-driven startups, initiatives like TIDE 2.0 and SAMRIDH (both under MeitY) offer not just funding but structured acceleration. TIDE 2.0 focuses on emerging tech sectors such as AI, blockchain, and IoT, while SAMRIDH offers up to Rs 40 lakh per startup to help product-based ventures scale effectively.

Additionally, Digital India GENESIS supports startups from underserved and remote regions, ensuring that innovation isn’t just an urban privilege. To celebrate entrepreneurial excellence, the National Startup Awards, another DPIIT program, recognises startups across domains based on innovation, scalability, and social impact.

Recognising the gender gap in entrepreneurship, the Government has also launched focused efforts like Stand-Up India, the Women Entrepreneurship Platform by NITI Aayog, and Mahila Coir Yojana, which empower women to lead their own ventures with financial and institutional backing.

Together, these initiatives are weaving a strong safety net and launchpad for startups across every stage and sector. With over 1.25 lakh DPIIT-recognised startups, India has now emerged as the third-largest startup ecosystem globally.

As the dust settles on Startup Mahakumbh 2025, one thing is clear, the GeM Pavilion wasn’t just a place to visit; it was a symbol of how digital public infrastructure, visionary policy, and a culture of entrepreneurship can come together to shape the future of a nation. From enabling the smallest ideas to scaling up transformative technologies, GeM and other government platforms are redefining what it means to build, grow, and thrive in New India.

Topics: Government e-MarketplaceEntrepreneurship in IndiaAtmanirbhar BharatStartup India
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